With Energi 3.0 beginning public testing this quarter it features major additions to the platforms capabilities and ability to be used in a real-world context and can be considered the most significant update since their launch in 2018.
The main alteration with Energi 3.0 will be the rebuild as a smart contract platform adapted from Ethereum, making it compatible with dApps written for Ethereum and allow them to simply port over to the new platform.
The Energi Treasury:
With the robust treasury creating a self-sustainable ecosystem of paid developers and defense workers preventing hacking and scammers, the budget will also be allocated towards helping start-ups looking to develop dApps on Energi and to create an incubator program planned for Q4 2019.
Once the 3.0 platform is live, Energi will be able to develop a stablecoin built on Energi and pegged to the price of Gold rather than USD and offer many other benefits to dApps that port from Ethereum to Energi, such as marketing and engineering support.
Looking at the Energi treasury in numbers, currently they are generating around $700,000 USD per month which is comparable to projects such as DASH who are over 40x larger in market cap!
An even more exciting and promising aspect of the treasury is the characteristics of being decentralized with Masternodes voting where to direct the funds and no central body in power. Energi aims to identify the best ways to utilize these funds and outlines with transparency on theirwhere these funds have been directed.
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